Wellness Consultant Hannah Sloan. Inthe gastric bypass surgeries segment commanded the largest weight loss services industry of the obesity management market by surgical equipment. Advertising revenue supports our not-for-profit mission. Interest-Based Ads Interest-Based Ads. Yoga for weight loss? Receive up-to-date health content delivered directly to your inbox.
Major factors driving the growth of this market include increase in obese population, strong government support and funding, lifestyle changes, increase in membership for health clubs, and technological advancements. On the other hand, high cost of low-calorie diets and deceptive marketing strategies adopted by industry players are hindering the growth of this market.
InNorth America dominated the obesity management market, accounting for a major share. However, Asia is poised to grow at the highest CAGR during the forecast period owing to the rising obese and diabetic population, sedentary lifestyle, rise in disposable incomes, and low cost of bariatric surgeries which in turn promote medical tourism weight loss services industry this region. Key players in the weight loss management market, by diet, include Atkins Nutritionals, Inc.
TaiwanCybex International U. The prominent players in the services market are Weight Watchers International, Inc. IndiaSlimming World U. This research report covers the global weight loss management market by diet, equipment, and service. A Wholly Owned Subsidiary of as Seen on TV, Inc. The relatively untapped Asian market and the increasing number of online weight loss programs have opened an array of opportunities for the growth of the obesity weight loss services industry market.
However, high costs of low-calorie diet food and deceptive marketing strategies to attract customers are likely to hinder the growth of this market. The obesity management market is segmented on the basis of diet, equipment, and service. On the basis of diet, the weight loss management market is segmented into meals, beverages, and supplements. Inthe beverage segment accounted for the largest share of the obesity management market, by diet.
The high share of this market is attributed to rising obesity rates and increasing awareness among people. The weight loss management market, by equipment, is divided into surgical equipment and fitness equipment. The weight loss services industry equipment segment is expected to grow at the highest CAGR from to The high growth of this segment can be attributed to the growing obese population, rising health consciousness, continuous technological developments, and increasing number of gyms.
The fitness equipment market segment is divided into cardiovascular training equipment, strength training equipment, body composition analyzers, and fitness monitoring equipment. The cardiovascular weight loss services industry segment commanded the largest share of the fitness equipment market. The high share of this market is attributed to the rising obese population, sedentary lifestyle, and increasing prevalence of lifestyle diseases.
Apart from these factors, the use of mobile applications for weight loss and weight management has also increased, thus increasing the demand for advanced mobile applications. Inthe gastric bypass surgeries segment commanded the largest share of the obesity weight loss services industry market by surgical equipment. The high share of this segment is attributed to factors such as rise in obese population, increase in disposable incomes of developing economies, and increasing number of bariatric surgeries.
However, high cost of these surgeries may hinder the market growth. On the basis of services, the weight loss management market is segmented into fitness centers, slimming centers, consulting services, and online weight loss programs. The online weight loss programs segment is expected to grow at the highest CAGR form to The high growth of this segment can be attributed to technological advancements which enable users to follow these programs from any location through their mobiles or tablets.
The global obesity management market is dominated by North America, followed by Europe, Asia, and the Rest of the World. North America will continue to lead the market during the forecast period, followed by Europe. Over the next five years, the growth of the weight loss management market in the Asian region is likely to be centered on China and India.
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